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Retail Space For Rent at 1190/1194 Cook St in Victoria, British Columbia

4 Sale ID #195746
Updated 28 Apr 2024

Sq. Ft. Rate

$36

Lease Rate

N/A

Space Size

N/A

Year Built

N/A

Premise Summary

Two commercial spaces new built in fantastic location fronting Cook St just south of View St. Unit 1194 Cook is 635 sf, unit 1190 Cook 517 sf. At the SE corner of the downtown core, Mod building connects downtown to Rockland & Cook St village. With thousands of homes nearby & the revitalization of the Harris Green neighbourhood underway thousands more homes are coming. An extremely unique retail opportunity for a business owner to initiate own business in a building with extremely high vehicle & pedestrian exposure. Two adjacent units can be rented separated or combined, and one unit must be primarily a coffee shop for 4 years while the other doesn’t. Zoning allows retail, restaurant, office and personal services. Currently in shell condition, prospective tenant have the opportunity to design and layout the space to suite their needs. Premium location provides access to downtown amenities, nearby transit, and is an excellent opportunity for good business exposure. Don’t miss out! (id:39198)

  • MLS® : #951083
  • Date Listed : 15 Jan 2024

Location

Province

British Columbia

City

Victoria

Address

1190/1194 Cook St

Postal Code

V8V4A1

Location Highlights

N/A

Listed by

Macdonald Realty Victoria British Columbia listing

Category

retail-space

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Space Size

N/A

Available Space

N/A

Building Size

0

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Sq. Ft. Rate

$36

Asking Price

$36

Rate/yr

N/A

Floor of Lease

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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